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EU offers a loan of £500 million to sustain UK water projects

The European Investment Bank (EIB) has decided to offer £500 million to back water and wastewater projects in the UK.

read more... 03/05/2016

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Finland builds country’s largest PV plant by leasing the arrays panels to customers

Finland’s largest solar power plant so far, located in Kivikko, Helsinki, which became operational in mid-April, increased the country’s solar power production by 10 percent.

read more... 03/05/2016

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EDF, Edison, Gas Natural and Centrica interested in acquiring a large share in Eni's retail gas and power business

European giant utilities French EDF’s, Italian unit Edison, Spain's Gas Natural and Britain's Centrica are interested in acquiring a share in Italian oil major Eni's retail gas and power business, a deal that could cost up to $3.4 billion.

read more... 29/04/2016

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Daily: Crude oil prices rebounds 2% despite oversupply

Crude oil prices rose by 2 percent on Thursday, reaching 2016 highs for a third consecutive day as a weaker dollar had ignored robust U.S. crude stockpiles and relentless pumping by major producers. Brent increased by 96 cents at $48.14 a barrel, after attaining a 2016 high of $48.19. WTI crude ended up 70 cents at $46.03, after a year-to-date peak at $46.14.

read more... 29/04/2016

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Hydropower drives Vattenfall, Statkraft profits, Fortum hit by reduced prices

Sweden's Vattenfall and Norway's Statkraft registered higher first-quarter earnings on Thursday, sustained by higher hydropower production, while fossil-fuel reliant Finnish Fortum's profit dropped.

read more... 29/04/2016

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